The Bank of Laos (BOL) has cut its seven-day base interest rate from 8 percent to 7 percent a year as inflation remains below the government’s 8 percent target.
The Monetary Policy Committee approved the cut at its meeting on 20 August, where it reviewed monetary policy, economic conditions, fuel...
The Asian Development Bank (ADB) has approved a USD 36 million financing package to strengthen technical and vocational education and training (TVET) in Laos,...
The government has greenlighted a nationwide overhaul of local governance, approving the establishment of 640 new sub-districts, or Taseng, which will replace villages as...
Starting this September, households in Laos that use up to 300 kilowatt-hours (kWh) of electricity each month will see their utility bills reduced, thanks...
The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement...
